Top

First State – Acquisition of gas network in Sweden

First State Investments has agreed to acquire E.ON’s Swedish gas network through its European Diversified Infrastructure Fund II. E.ON Gas Sverige is EDIF II’s third acquisition, and the third gas network First State has bought from E.ON. EDIF I acquired two German gas grids from the German utility, which it combined as Ferngas. Financial details of the transaction have not been disclosed.